In 2021, Beijing-based ByteDance saw approximately 58 billion U.S. dollars in revenues, up by almost 69 percent compared to the previous year. ByteDance, which was founded in 2012, has experienced incredible growth in recent years, thanks especially to its social video apps Douyin and TikTok. Between 2019 and 2020, the company experienced a staggering 100% percent increase in revenues despite the geopolitical difficulties experienced with the TikTok ban in India and the U.S. scrutiny.
Annual revenue generated by ByteDance from 2019 to 2021
(in billion U.S. dollars)
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Reuters. (January 20, 2022). Annual revenue generated by ByteDance from 2019 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1285540/annual-bytedance-revenue/
Reuters. "Annual revenue generated by ByteDance from 2019 to 2021 (in billion U.S. dollars)." Chart. January 20, 2022. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1285540/annual-bytedance-revenue/
Reuters. (2022). Annual revenue generated by ByteDance from 2019 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1285540/annual-bytedance-revenue/
Reuters. "Annual Revenue Generated by Bytedance from 2019 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Jan 2022, https://www.statista.com/statistics/1285540/annual-bytedance-revenue/
Reuters, Annual revenue generated by ByteDance from 2019 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1285540/annual-bytedance-revenue/ (last visited November 01, 2024)
Annual revenue generated by ByteDance from 2019 to 2021 (in billion U.S. dollars) [Graph], Reuters, January 20, 2022. [Online]. Available: https://www.statista.com/statistics/1285540/annual-bytedance-revenue/
